Transaction details
York Water Co (NASDAQ:YORW) reported an insider purchase by Chief Financial Officer Matthew E. Poff. According to a Form 4 filing with the Securities and Exchange Commission, Poff bought 175 shares of York Water common stock on April 16, 2026, at $28.50 per share. The total value of the trade was $4,987.
Market context and ownership
The purchase occurred as York Water shares traded near their 52-week low of $28.26 and while the stock was quoted at $30.16. The Form 4 filing notes that, following the transaction, Poff directly holds 8,450.726 shares of York Water Company common stock. That total includes shares acquired through The York Water Company dividend reinvestment plan.
The Form 4 was executed on April 17, 2026, with the signature of Molly Elizabeth Houck, Assistant Secretary, by Power of Attorney.
Dividend history referenced
The filing and related disclosures referenced an analysis noting that York Water has paid dividends for 53 consecutive years and has increased its dividend for 29 straight years. That track record was included in the context of the insider purchase.
Concurrent corporate actions
Separately, The York Water Company announced a public offering of 1,521,739 shares of common stock, priced at $28.50 per share. The company expects the offering to generate approximately $43 million in gross proceeds, before underwriting discounts and commissions. Underwriters have been granted a 30-day option to purchase up to an additional 228,261 shares at the same price.
Leadership changes
York Water also disclosed personnel changes at senior levels. Ashley M. Grimm has resigned from her positions as Vice President of Human Resources and Secretary, with the resignation effective May 14, 2026. The company stated that her departure was not the result of any disagreements with York Water’s policies or practices.
In addition, long-serving director George W. Hodges retired from the Board of Directors after more than 25 years of service. Mr. Hodges, who served as Chair of the Board during two separate terms, will assume the title of Director Emeritus.
Takeaway
The sequence of disclosures - an insider purchase by the CFO, a sizable public offering, and leadership turnover - was presented in the company's filings and announcements without additional commentary on intent or anticipated outcomes.